EX-11 3 l03005aexv11.txt EX-11 . . . Exhibit 11 LANVISION SYSTEMS, INC. COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE For the three and six months ended July 31, 2003 and 2002
Three Months Six Months ---------------------------- -------------------------- 2003 2002 2003 2002 ------------ ------------ ----------- ----------- Net earnings(loss) $ 213,596 $ 201,632 $ (462,196) $ 299,901 ============ ============ =========== =========== Average shares outstanding 8,991,517 8,927,966 8,978,207 8,921,073 Stock options & purchase plan: Total options & purchase plan shares 390,673 470,049 - 481,386 Assumed treasury stock buyback (202,439) (213,669) - (193,766) Warrants assumed converted - - - - Convertible redeemable preferred stock assumed converted - - - - ------------ ------------ ----------- ----------- Number of shares used in per common share computation 9,179,751 9,184,346 8,978,207 9,208,693 ============ ============ =========== =========== Basic net earnings ( loss ) per share of common stock $ 0.02 $ 0.02 $ (0.05) $ 0.03 ============ ============ =========== =========== Diluted net earnings ( loss ) per share of common stock $ 0.02 $ 0.02 $ (0.05) $ 0.03 ============ ============ =========== ===========